$1,190,000
$1,199,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
3,024 SqFt
SOLD DATE : 09/28/2021
Key Details
Sold Price $1,190,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $393
MLS Listing ID PW21174749
Sold Date 09/28/21
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1965
Lot Size 6,751 Sqft
Acres 0.155
Property Description
We are pleased to present an Excellent Investment Opportunity in the Heart of Montebello. This is the First Time this Property is being Brought to Market since being built in 1965 which creates a Tremendous Potential of +/- 35% upside in Rents, a little Value Add and this Investment brings great ROI to the Investor. Fully Occupied (2 Long Term) all 2 BED 1 BATH Units, 4 Carports with 2 open parking spaces, Separate Gas/Electric Meters, Coin Operated Laundry, Patio on the 2nd floor and Security Gate. Location serves up an Excellent Rental Market with a Supermarket and City Park (w/Plunge) within walking distance, Shopping, Entertainment, Schools and Churches all in close Proximity. Easy access to Public Transportation, Major Freeways and DTLA
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNR3YY
Rooms
Ensuite Laundry Inside, Laundry Room
Interior
Laundry Location Inside,Laundry Room
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater, Dryer, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Lighting
Garage Attached Carport, Concrete, Carport, Detached Carport, Driveway Level, On Street, Storage
Carport Spaces 4
Fence Block, Chain Link, Wrought Iron
Pool None
Community Features Curbs, Sidewalks, Park
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Rolled/Hot Mop
Parking Type Attached Carport, Concrete, Carport, Detached Carport, Driveway Level, On Street, Storage
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard, Lawn, Level, Near Park, Near Public Transit, Rectangular Lot
Story Two
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 6350004008
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
Energy Description 873.0
Acceptable Financing Cash, Cash to New Loan, Conventional, Subject To Other
Listing Terms Cash, Cash to New Loan, Conventional, Subject To Other
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with YVONNE BENNETT • REALTY ONE GROUP WEST